Rexahn Pharmaceuticals (RNN) To Offer Common Stocks and Warrants

November 28, 2012 4:54 PM EST Send to a Friend
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Rexahn Pharmaceuticals, Inc. (NYSE: RNN) intends to offer shares of its common stock and warrants to purchase common stock in an underwritten public offering. The shares of common stock and warrants are being offered as units. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Rexahn also expects to grant the underwriters a 45-day option to purchase additional shares of common stock and warrants to cover over-allotments, if any.

Burrill LLC and Maxim Group LLC are acting as joint book-running mangers for the offering.


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